Filed Pursuant to 424(b)(2)

 

Registration No. 333-133393

 

GRAPHIC

 

Current Interest Rates

 

This is a supplement to the Prospectus dated March 27, 2008

 

Current Interest Rates for Renewable Unsecured Subordinated Notes
Offered by Winmark Corporation

 

Interest Rates Effective

March 28, 2008

 

PORTFOLIO

 

$1,000 - $24,999

 

$25,000 - $49,999

 

$50,000 - $74,999

 

$75,000 - $99,999

 

$100,000 or More

 

AMOUNT (1)

 

Interest

 

Annual

 

Interest

 

Annual

 

Interest

 

Annual

 

Interest

 

Annual

 

Interest

 

Annual

 

NOTE TERM

 

Rate %

 

Yield %

 

Rate %

 

Yield %

 

Rate %

 

Yield %

 

Rate %

 

Yield %

 

Rate %

 

Yield %

 

3 Month (2)

 

6.00

 

6.18

 

6.15

 

6.34

 

6.30

 

6.50

 

6.45

 

6.66

 

6.60

 

6.82

 

6 Month (2)

 

6.75

 

6.98

 

6.90

 

7.14

 

7.05

 

7.30

 

7.20

 

7.46

 

7.35

 

7.63

 

1 Year (3)

 

7.75

 

8.06

 

7.90

 

8.22

 

8.05

 

8.38

 

8.20

 

8.54

 

8.35

 

8.71

 

2 Year (3)

 

8.75

 

9.14

 

8.90

 

9.31

 

9.05

 

9.47

 

9.20

 

9.64

 

9.35

 

9.80

 

3 Year (3)

 

9.25

 

9.69

 

9.40

 

9.85

 

9.55

 

10.02

 

9.70

 

10.18

 

9.85

 

10.35

 

4 Year (3)

 

9.50

 

9.96

 

9.65

 

10.13

 

9.80

 

10.29

 

9.95

 

10.46

 

10.10

 

10.63

 

5 Year (3)

 

9.75

 

10.24

 

9.90

 

10.41

 

10.05

 

10.57

 

10.20

 

10.74

 

10.35

 

10.90

 

10 Year (3)

 

10.00

 

10.52

 

10.15

 

10.68

 

10.30

 

10.85

 

10.45

 

11.01

 

10.60

 

11.18

 

 

 

(1)

We determine the applicable portfolio amount at the time you purchase or renew a note by aggregating the principal amount of all notes issued by Winmark Corporation that are currently owned by you and your immediate family members. Immediate family members include parents, children, siblings, grandparents and grandchildren. Members of a sibling’s family are also considered immediate family members if the holder’s sibling is also a noteholder.

 

 

 

 

(2)

The annual yield calculation assumes that:

 

 

 

a.

the term of the note is renewed sequentially for an entire year,

 

 

 

b.

the interest earned during each term is included in the principal amount for the next term,

 

 

 

c.

the listed interest rate is the interest rate for each term, and

 

 

 

d.

the accrued interest is paid annually. More frequent interest payments will reduce your annual yield.

 

 

 

 

 

 

(3)

The annual yield calculation assumes that accrued interest is paid annually.  More frequent interest payments will reduce your annual yield.

 

 

 

 

 

 

The description in this prospectus supplement of the terms of these notes adds to the description of the general terms and provisions of the notes in the prospectus dated March 27, 2008. Investors should rely on the description of the notes in this supplement if it is inconsistent with the description in the prospectus.